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REVISED AND EXPANDED THIRD EDITIONIs it possible that everything you have been told about retirement planning is wrong?Is retirement dead? Perhaps not yet, but it's on life support. The concept of retirement, as we've known it, is becoming a thing of the past. With the major economic, social, cultural, medical, technological, and employment shifts that have occurred in the past two decades, most everyone under the age of 100 now has to rethink what they thought "retirement" would be.Furthermore, the various "financial planning" industries are still looking at retirement through the lens of the 20th century. As a result, they are pushing products, services, and concepts that can actually reduce your chances for comfort in your later years.Busting the Retirement Lies is a quick read that is packed and to the point-and which will transform your perspective on retirement. You will learn: - Why "saving enough" is not enough- How financial planners skew projections, creating false expectations- Why and how conventional retirement strategies are changing- And more eye-opening new realitiesBut most of all, regardless of your current age, you will learn what you can do to best enjoy the rest of your life.
What you don't understand about interest rates probably IS hurting you... financially! Typical financial wisdom and advice is sometimes lacking, and at other times, altogether wrong. This book fills in important gaps about essential but little-understood financial topics you won't hear about from most financial advisors. Busting the Interest Rate Lies corrects common financial myths such as: -Purchasing a car with 0% dealer financing is the best way to buy a car; -You always save money by paying cash for major purchases; -A 15-year mortgage is more efficient than a 30-year mortgage; -Earning a higher rate of interest on your investments is the key to amassing a small fortune over time. Additionally, you'll discover rarely-discussed facts about: -What student loan debt costs the average college graduate; -What the banks don't want you to know about credit cards; -Insider information on how to get the best deal on a car; -Finally! An accurate comparison of buying vs. renting; -Why "average" investment rates of return don't equal "actual" rates of return; -And an analysis of Life Settlements-the best investment you may have never heard of! Whether you are just learning to manage your money or whether you are an experienced investor, Busting the Interest Rate Lies offers information to help you avoid common financial mistakes and put MANY thousands of dollars into your pocket!
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